Duh - really - DUH With the credit line they have a LOT of money to buy stock with. With the stock reduction profits could remain flat (which is HIGH) and the per share could be up as much as 20%!!!!!!!
This is your disaster???? DUH
Maybe you missed the conference call? All stock purchases are accretive to a price of $15!!!!
I hope that when the current money runs out, they use the LOC, then get another 100 million to buy back more! Shares are CHEAP!
Everyone knows this but the shorts. (& DATbeDUMB) Thanks for the laughs! Keep shorting!
MM buying stunt... they did this back a few months ago. I think we had a term for it here.. "The Early Morning Slamdown" or some such thing. They MMs were trying to shake out shares in advance of a run-up.
Well, guess what. I think we are in for another leg up. Good luck.